Last Revised: 9/20/19. Posting #: 10249095
Key Words: machine, machine shop, manufacture, manufacturer, metal manufacturer, metal manufacturing, chuck jaws, pie jaws, jaws, distribution, distributor, new haven
Financial Info: Asking Price: All offers considered (Range of Estimated Value: $150,000 to $169,000). Annual Sales: 194,500. Net Income: $67,500. There is excellent potential for a new owner to grow line and increase sales. Equipment is not included in the price, but can be purchased if required.
Profile: Richman Business Brokerage has been retained by an exceptional owner-operated machine shop for the sale of its product line. The product line consists of an of full-grip and chuck jaws sold to direct customers and through local and national distributors. The business and its products have an excellent reputation and great reviews online, including a 5-star rating on Google. The jaws are well-known for their superior quality and packaged ready to use. There is excellent potential for a new owner to grow line and increase sales. The current owner founded the business in 1996 and is moving out of state. This is an ideal opportunity for a machine shop looking to expand its product line.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
View All Related Resources & Advisors For This Posting
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Successfully buying a business is a difficult and time intensive task for business buyers. Now, imagine trying to buy a business that has many interested buyers. BizBenNetwork Senior Facilitator Manager Jordan Green gives buyers helpful advice for overcoming their competition and buying a business.
Key Words: jordan green, deal structure, purchase agreement, deal terms, buyer, business buyer, financing, post-deal terms, negotiating, transaction, buy a business, negotiator, negotiate, pre-qualified, transition
Profile: Buyers often explore buying a franchise instead of an independent business because of certain benefits that come with doing so, however, choosing the right franchise to buy can be hard. With the number of franchises only growing this article helps business buyers select the right franchise for them.
Key Words: franchise, buying a business, business buyers, buying a franchise, spencer siegel
Profile: New York Business Broker Blair Sibley discusses the idea that business owner sellers should not guess when valuing and pricing their small to mid-sized business for sale and should be able to justify and support their asking price when marketing and selling their business for sale.
Key Words: sell a business, sell your business, sell my business, selling a business, valuation, business valuation, business value, value, selling price, asking price, pricing your business, valuing a business, valuing your business, cash flow, sde, discretionary income, sme, buying a business, adjusted net income, income, earnings, sba loans, sba loan, loans, financing, business purchase financing, blair sibley
View Related Blog Posts For This Posting
Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
Related Discussions For This Posting
Comments & Replies: 1 Topics: business brokers, buying a business
Profile: BizBenNetwork Senior Facilitator Jordan Green with others share helpful tips for buyers to prepare for a business purchase in order to ensure a smooth and timely process. From preparation to effectively communicating their expectations with business brokers, these tips will assist all buyers.
Key Words: jordan green, business broker, broker, intermediary, buy a business, finding a business, business selection, entrepreneur
Comments & Replies: 14 Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
Key Words: landlord, landlords, lease, leases, leasing
View All Discussions
Comments & Replies: 11 Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers